We recently published 12 Stocks Jim Cramer Discussed As Part Of His Big Tech Deep Dive. Salesforce, Inc. (NYSE:CRM) is one of the stocks Jim Cramer recently discussed.
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Salesforce, Inc. (NYSE:CRM)’s shares dipped by 4.9% after the firm’s midpoint third-quarter revenue guidance of $10.265 billion missed analyst estimates of $10.29. Growth is the holy grail of software stocks, and investors often heavily punish them. Cramer had a lot to say about Salesforce, Inc. (NYSE:CRM) after the earnings:
“[On whether he was happy with the full year sales guide] Okay, no. Because I like double digit, I like to see blowout. Marc was saying, last quarter that he could do nine, he ended up doing 11. Last quarter, the quarter was announced was actually great. Okay so let’s put that, there were no disappointments, not in any of the other silos besides, what we’re talking about with agentics. What people are scared about here is that Amazon could come in, there’s actually a story that Amazon may come in agentics AI, which is just something that’s moving Amazon, I’m using that as kind of a metaphor, but, Marc’s company’s under attack here on Wall Street. People feel that what’s happening is that he has this business where he charges per seat for customers, and he’s demonstrated that he was able to lose four thousand people which therefore if you were just imagining that was a customer then that’s four thousand people that you don’t have to pay for.
finance.yahoo.com
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